Posts Tagged: Maine real estate

Waterfront Home on Christmas Cove offered by Newcastle Realty!

Enjoy mesmerizing views of Christmas Cove at 24 Prescott Road, South Bristol. “Port O’ Call,” a magical Christmas Cove year-round home features a large deck overlooking the cove, new kitchen with high end appliances, a glassed sun room and spectacular views from every room. On chilly days, cozy up to the stone fireplace while still keeping… Read more »

October 2018 Market and Sales Report

Realtors across Maine report healthy long-term activity in most markets, despite a dip in sales during September. According to Maine Listings, sales of single-family existing homes eased 5.14 percent comparing September 2018 to September 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a rise in home values of… Read more »

September 2018 Market and Sales Update

Strong sales continue in Maine’s single-family existing home market. According to Maine Listings, REALTORS sold 2,072 homes in August, equaling a 5.88 percent sales increase compared to August 2017. The median sales price (MSP) for those homes increased 6.80 percent to $220,000. The MSP indicates that half of the homes were sold for more and… Read more »

August 2018 Market and Sales Update

Maine experienced solid gains in both sales prices and sales volume for single-family home sales during the month of July. Maine Listings reported that 1,864 homes changes hands last month—an increase of 9.65 percent from the same period last year—and the median sales price jumped 9.22 percent to $225,000. The MSP indicates that half of… Read more »

Rare Island Property Offers Bold Views, Privacy

We are pleased to offer this Heron Island seasonal vintage cottage with broad westerly and southerly views of the Damariscotta River, East Boothbay to the islands and ocean beyond. Step back in time to simpler days when friends and family gather and create memories that last a lifetime. Property features 2 cottages, one with a… Read more »

July 2018 Market and Sales Update

The Maine summer real estate season is in full swing. According to the Maine Association of Realtors, agents around the state sold 1,937 single-family existing homes in June 2018, an increase of 2.54 percent over June 2017. Home values experienced double-digit gains, with a 10.98 percent jump in the median sales price to $227,500. The… Read more »

Seasoned Newcastle Realty Broker Team Celebrates 15 Years While Offering Specialized Services to Seniors

Bill Byrnes joined Newcastle Realty in 1998, back when the company still operated from the basement of the Newcastle Square building across the river. Two years later, Lee Simard became a Realtor and joined the same firm. It turns out that while traveling separate paths, both Bill and Lee had retired at about the same… Read more »

5 Reasons Local Independent Firms are the Future of Real Estate

In recent years, the real estate industry has seen a rapid rate of mergers and acquisitions — but there’s also a countertrend where independent local brokerages are surging in popularity. When it comes to realty companies, I’m proud to say local is better — and homeowners agree: In a survey of more than 3,000 U.S…. Read more »

June 2018 Market and Sales Update

Sales of Maine’s single-family existing homes decreased 1.38 percent last month, due to limited market inventory. Prices, however, continued to rise; according to Maine Listings, the statewide median sales price (MSP) increased 9.95 percent to $219,900. The MSP indicates that half of the homes were sold for more and half for less. Real estate firms… Read more »

May 2018 Market Update Report

Tighter inventory in the single-family existing home real estate market has led to an uptick in sales prices and home sales. According to Maine Listings, 1,201 homes were sold in April—an 8.59 percent increase compared to April of 2017. Sales prices are also on the rise; a median sales price of $200,000 represents a jump… Read more »